Business Services Industry
Ratos AB acquires 66% of Danish company AH Industries
Nordic Business Report, July 9, 2007
NORDIC BUSINESS REPORT-9 July 2007-Ratos AB acquires 66% of Danish company AH Industries(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish private equity investor Ratos AB said on Monday (9 July) that it has agreed to acquire a 66% holding in the Danish company AH Industries.
The purchase price is SEK296m.
AH Industries supplies components and services to customers in the wind power, marine and offshore industries. The company has 180 employees at its plants in Kolding and Horsens in Denmark, and reported pro forma sales of approximately SEK470m in 2006/2007.
Ratos, headquartered in Stockholm, Sweden, invests mainly in unlisted companies. Its investments total some SEK11bn. Ratos is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 13.54 Swedish kronor (SEK).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
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